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Resolves of the Executive Council

Title: Approval of a Loan to the Diocese of San Joaquin
ID: EXC012009.11
Committee: Administration and Finance (report 95)
Citation: Executive Council Minutes, Jan. 31, 2009, Stockton, CA, pp. 11-12.
Text:

Resolved, That the Executive Council supports the Episcopal Diocese of San Joaquin in their protection of diocesan properties by making a loan available in an amount not to exceed $500,000, the terms of such loan to be determined in consultation between the Diocese and the following officers of the Domestic & Foreign Missionary Society: the Treasurer, the President of the House of Deputies, the Presiding Bishop and the Chief Operating Officer, which shall be reported to the Council not later than its April meeting.

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